Connect with us

Published

on

The Cofrentes nuclear power plant, on 17 October, 2024 in Valencia, Valencian Community, Spain.

Europa Press News | Europa Press | Getty Images

A European-wide shift to nuclear power appears to be gathering momentum as countries hedge their bets in pursuit of more energy independence.

In just the last few weeks, Denmark announced plans to reconsider a 40-year ban on nuclear power as part of a major policy shift, Spain reportedly signaled an openness to review a shutdown of its nuclear plants and Germany dropped its long-held opposition to atomic power.

The renewed European interest in nuclear shows how some countries are hedging their bets in pursuit of more energy independence.

The burgeoning trend appears to be driven, at least in part, by some of the costs associated with renewables, notably solar and wind technologies.

“Solar and wind are still the cheapest and fastest way to drive the green transition, and that remains our focus. But we also need to understand whether new nuclear technologies can play a supporting role,” Lars Aagaard, Denmark’s minister for climate, energy and utilities, told CNBC via email.

The renewables-heavy Scandinavian country said in mid-May that it plans to analyze the potential benefits and risks of new advanced nuclear technologies, such as small modular reactors, to complement solar and wind technologies.

Denmark’s government, which banned the use of atomic energy in 1985, added that it does not plan a return to traditional nuclear power plants.

“We have no recent experience with nuclear power, and we lack the necessary knowledge regarding safety and waste management. That’s why we must begin a serious analysis — not to replace solar and wind, but to see whether new nuclear can complement our energy system in the future,” Aagaard said.

Wind turbines of Vestas, a global leader in sustainable energy solutions, is pictured at the Port of Odense, Denmark on October 15, 2024.

Jonathan Nackstrand | Afp | Getty Images

Georg Zachmann, senior fellow at Bruegel, a Brussels-based think tank, said nuclear power remains the most divisive electricity generation technology in Europe.

“Thereby, the renaissance of nuclear in the political discourse is somewhat surprising, given that the cost of main competing technologies, new wind and solar plants, have dropped by more than 80 percent, while those of nuclear plants have rather increased,” Zachmann said.

The so-called “hidden cost” of balancing and transporting electricity from renewables has been increasing with rising shares of wind and solar generation, Zachmann said, noting that this theme has recently become more apparent.

Revived European interest in nuclear

Spain signaled its openness to atomic energy late last month. In an interview reported by Bloomberg, Spanish Environmental Transition Minister Sara Aagesen said that while the government is proceeding with plans to retire nuclear energy reactors over the next decade, extensions beyond 2035 could not be ruled out.

Aagsen said at the time that the government was not considering anything, and no specific proposals had yet been tabled.

Widely regarded as anti-nuclear power, the southern European country has been mired in a blackout blame game over green energy in recent weeks. It follows a catastrophic power outage affecting much of Spain, Portugal and the south of France.

The discussion whether to prefer nuclear or renewables only helps natural gas — that continues to be burnt as long as investments in clean electricity do not happen at scale.

Georg Zachmann

Senior fellow at Bruegel

Some external observers have flagged renewables and net-zero emissions targets as possible reasons for the outage, particularly given Spain and Portugal both rely on high levels of wind and solar for their electricity grid.

Spanish Prime Minister Pedro Sanchez and the country’s grid operator Red Electrica de Espana (REE), however, have both said record levels of renewable energy were not at fault for the blackout.

Germany, which closed the last of its three remaining nuclear plants in 2023, recently scrapped its opposition to nuclear power in what marked a rapprochement with France.

Onlookers watch as the first of the two cooling towers of the nuclear power plant collapses during a controlled demolition in Grafenrheinfeld, Germany on August 16, 2024.

Daniel Peter | Afp | Getty Images

Led by Chancellor Friedrich Merz, the newly elected government was said to have dropped its objection to French efforts to ensure that nuclear power is treated on a par with renewables in EU legislation, the Financial Times reported on May 19, citing French and German officials.

Spokespeople for France and Germany’s respective governments were not immediately available to comment when contacted by CNBC.

Natural gas

As it is low-carbon, advocates argue that nuclear power has the potential to play a significant role in helping countries generate electricity while slashing emissions and reducing their reliance on fossil fuels.

Some environmental groups, however, say the nuclear industry is an expensive and harmful distraction to cheaper and cleaner alternatives.

Bruegel’s Zachmann said the ability of fully depreciated nuclear power plants to continue operating much beyond their lifetime, as well as the “highly uncertain” hope that next-generation small modular reactors “can be built very cheaply captures the imagination of industry and policymakers.”

In all likelihood, Zachmann said “new nuclear power plants will remain difficult to finance and will at very best only pay off in decades. In the meantime, the discussion whether to prefer nuclear or renewables only helps natural gas — that continues to be burnt as long as investments in clean electricity do not happen at scale.”

Data published by energy think tank Ember found that the EU’s electricity system continued a rapid shift toward renewables in the first half of last year. Indeed, wind and solar power rose to record highs over the six-month period, reaching a share of 30% of the bloc’s electricity generation and overtaking fossil fuels for the first time.

Alongside renewables growth, Ember said at the time that nuclear generation across the EU increased by 3.1%.

Continue Reading

Environment

Zoox signs on as the official robotaxi partner of Resorts World Las Vegas

Published

on

By

Zoox signs on as the official robotaxi partner of Resorts World Las Vegas

Zoox has announced a partnership with Resorts World Las Vegas, the first official agreement between a robotaxi provider and a Vegas resort property.

Zoox remains one of the more exciting autonomous rideshare developers we follow on Electrek. It may not be the largest or most expanded robotaxi company, but Zoox has something operating on roads that none of its competitors have been able to do—a purpose-built vehicle.

Earlier this month, Zoox announced an expansion of its testing fleet (not the purpose-built robotaxis) into its seventh US city, Atlanta. The expansion now includes Austin, Seattle, Miami, Los Angeles, and the San Francisco Bay Area.

In the summer of 2023, Zoox expanded its robotaxi operations to Las Vegas, beginning on a one-mile loop at speeds up to 35 mph. By March 2024, Zoox has expanded its robotaxi geofence to five miles from Zoox’s headquarters to the south end of the strip, with multiple routes available in between, at speeds up to 45 mph.

Advertisement – scroll for more content

Zoox also bolstered its robotaxi perception system for inclement weather and adjustments between day and night on the road. This expanded operational hours, including nighttime and continued service under light rain and damp road conditions. 

At that time, Zoox said it was closer than ever to commercial operations and paid customer rides. It’s still not there yet in Las Vegas, but Zoox has announced an interesting new partnership, which should help get more passengers on the strip into its robotaxis while gathering additional feedback

robotaxi las vegas

Select riders can hail a free Zoox robotaxi in Las Vegas

Resorts World Las Vegas announced Zoox as its first-ever official robotaxi partner. This partnership entails a dedicated and branded pickup and drop-off location for autonomous ride-hailing service at the resort and an “experiential activation” within the resort.

After becoming the first company to operate a purpose-built robotaxi on public roads in Las Vegas, Zoox is now the first of such rideshare providers to sign an official partnership with a Vegas resort. Zoox hopes its unique four passenger robotaxi with no steering wheel or pedals will add to the overall experience of Resorts World guests wanting to explore other parts of the strip. Per Zoox’s chief product officer Michael White:

Zoox and Resorts World share a joint focus on creating superior customer experiences. When visitors ride with Zoox, they’ll find the service offers an extension of the signature hospitality they’ve come to expect from Resorts World’s collection of premium brands, including Hilton, Conrad, and Crockfords. This partnership will allow us to enhance the overall guest journey, adding to their Las Vegas experience with personalized mobility.

To that note, Resorts World Las Vegas president and CFO Carlos Castro shared a similar sentiment about Zoox’s technology and how it can add to the world of premium hospitality, much of which Vegas has become renowned for:

At Resorts World, we seek partners that align with our vision of what the future of guest experiences can be. This collaboration with Zoox reflects our commitment to integrating technology solutions that elevate our service offerings and enhance how guests experience our property. By welcoming Zoox robotaxis into our transportation ecosystem, we’re creating new possibilities for our guests, while reinforcing Las Vegas’s position as a global innovation hub.

There is a catch.

Since Zoox has not yet been commercially launched for paid public rides in Las Vegas, interested riders must sign up for the company’s Explorer program. This program invites select riders to experience the Zoox robotaxi for free and provide feedback.

The company plans to open its robotaxi service to the general public in Las Vegas later this year.

I’m going to try to get on the Zoox Explorer list and test one of these rides out in Las Vegas… you know… for research purposes.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Texas just shot its wind + solar boom in the foot on purpose [Update]

Published

on

By

Texas just shot its wind + solar boom in the foot on purpose [Update]

Texas is No. 2 in the US for wind and solar capacity, but the Texas Senate passed a bill that aims to kneecap clean energy with an industry-killing review process. Here’s what happened in the House.

May 28, 2025: The Senate passed SB 819, which would have created prohibitive new restrictions on wind and solar energy development that didn’t apply to any other form of energy. But it failed to meet deadlines that would have allowed it to progress in the House, so it’s now dead in the water. (Good riddance.)

SB 388 and SB 715, also anti-renewable, also died in the House of Representatives for the same reason. SB 388 would have required 50% of new energy generation to be “dispatchable,” but the bill unfairly excluded battery storage as a form of dispatchable energy. SB 715 wanted to require existing renewable energy installations to install backup energy.

Adrian Shelley, Texas director of Public Citizen, said, “The failure of these three bills is a victory for ratepayers. It is also a tacit recognition by a legislature that is too friendly to fossil fuels that renewable energy sources are an indispensable part of powering the state.”

Advertisement – scroll for more content


April 15, 2025: The Texas Senate today passed SB 819, which creates new restrictions on the development of wind and solar energy under the guise of “protecting” wildlife. The restrictions don’t apply to any other forms of energy.

Texas uses an extraordinary amount of power, and renewables play a big part in supplying that power. The Texas Tribune reported in March that “ERCOT [the Texas grid] predicts that Texas’ energy demand will nearly double by 2030, with power supply projected to fall short of peak demand in a worst-case scenario beginning in summer 2026.” That’s because of extreme weather, population growth, and crypto-mining facilities.

As of February, Texas increased its energy supply by 35% over the last four years, and 92% of that supply came from solar, wind, and battery storage.

Solar is the largest source of energy generating capacity that has been added to the Texas grid. That’s because it’s cost-effective and it can be deployed quickly. So if new solar projects are kneecapped, power demand will outstrip supply in the Lone Star State.

Daniel Giese, Solar Energy Industries Association (SEIA)’s Texas director of state affairs, stated after the Senate’s vote, “With energy demand rising fast, Texas needs every megawatt it can generate to keep the lights on and our economy strong. We cannot afford to turn away from the pro-energy and pro-business policies that made the Lone Star State the energy capital, but that’s exactly what SB 819 does. We urge the Texas House to reject this bill.”

Less clean energy would also jack up electricity bills for Texans, and rural areas would lose billions in landowner revenue and tax payments. Every time a wind farm or solar farm is installed on rural land, it brings a lot of money to the community that surrounds it. A January report estimated that existing and planned solar, wind, and battery storage projects will contribute $20 billion in local tax revenue and $29.5 billion in landowner payments.

What’s especially baffling about this bill is that it flies in the face of a core Texas value – keeping the government out of private property decisions – yet it does precisely the opposite.

Environment Texas executive director Luke Metzger issued the following response: ‘By making it much more difficult to build wind and solar energy in Texas, this bill threatens to increase pollution, increase blackouts and increase our electric bills.​

“Under the guise of helping land and wildlife, SB 819 would create a discriminatory and capricious permitting standard that could grind renewable energy development to a halt.

“We urge the House of Representatives to reject this bill and instead support policies that promote a cleaner, more sustainable energy future for all Texans.”

It will come as no surprise to regular readers that I find this bill ludicrously masochistic. Let me know your thoughts in the comments below, and please keep it civil.

Read more: A vast 600 MW Texas solar farm just hit a major milestone [update]


To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Chevy’s EVs are now even more affordable with new deals

Published

on

By

Chevy's EVs are now even more affordable with new deals

Chevy is making it more affordable to drive off in one of its new EVs. With new incentives, you can now snag a 2025 Chevy Silverado EV for much less than a Tesla Cybertruck. The Equinox and Blazer EVs are also on sale this month.

Chevy EVs are getting more affordable

With the electric Silverado, Equinox, and Blazer rolling out, Chevy is now the fastest-growing EV brand in the US.

In the first quarter, GM sold 10,329 Chevy Equinox, 6,187 Blazer, and 2,383 Silverado EVs in the US. Arguably, the biggest reason behind the brand’s success is affordability.

Starting at just $34,995, GM calls the 2025 Chevy Equinox EV “America’s most affordable 315+ range EV. The base LT FWD model has an EPA-estimated range of 319 miles, more than enough for your typical daily commute.

Advertisement – scroll for more content

Chevy launched new deals ahead of Memorial Day, making its EVs even more affordable. After cutting interest rates to 0% APR, Chevy’s electric pickup is significantly cheaper to finance than the Tesla Cybertruck.

The 2025 Chevy Silverado EV is now listed at 0% APR for 60 months, plus you can still take advantage of the potential $7,500 federal EV tax credit.

Chevy-EVs-more-affordable
Chevy Silverado EV LT (Source: Chevrolet)

According to CarsDirect, the rate cut on a 5-year loan could translate to almost $5,300 in savings. The Cybertruck has a 5-year interest rate of 5.49%.

Chevy is offering 0% APR on all electric vehicles, including the 2025 Equinox and Blazer EVs. Both are also eligible for the $7,500 EV tax credit.

Chevy-EVs-more-affordable
2025 Chevy Equinox EV LT (Source: GM)

The 2025 Equinox EV FWD LT remains one of the best deals right now, with monthly leases starting at just $289. The 2LT model may be an even better deal at just $299 per month.

Chevy is offering leases as low as $399 per month on the 2024 Blazer EV and $849 per month for the 2024 Silverado EV Crew 4WD RST.

Thinking about trying out Chevy’s new EV lineup for yourself? We’ll help you get started. Check out our links below to find Silverado, Equinox, and Blazer EVs at a dealer near you.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending